248 result(s) for tax revenues
Parliament Approves Hungary’s 2014 Budget
- 18 Dec 2013 8:00 AM
- current affairs
Parliament has approved Hungary’s budget for 2014 with a deficit of a 2.9% of GDP. Economy Minister Mihály Varga said on submitting the bill that the 2014 budget was based on the assumption of 2% economic growth and 2.4% inflation.
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Xpat Opinion: Minimum Wage In Hungary – What Company Managers Expect
- 10 Oct 2013 9:00 AM
- business
Now that we are after the budget submission for the fiscal year 2014, the minimum wage negotiations for the forthcoming year, just like the trilateral discussions relevant to the national wage recommendations are also in the offing. On that occasion, upon the commission received from the National Association of Hungarian Trade Unions, the Policy Agenda carried out a survey among small and medium ...
Phantom Art Groups Gained Hundreds Of Millions From Tax Allowance In Hungary
- 7 Oct 2013 1:00 AM
- current affairs
Not only sports federations or teams can be granted by the tax allowance system (TAO): a law-amendment allowed companies to support ’spectacular team sports’ from their charges instead of paying it to the state. According to the regulations, performing-art organisations can be granted as well and as Atlatszo.hu’s investigation has shown several companies are seem to be granted with hundreds of ...
Laying Of Foundation Stone For National Instruments’ Science Park In Hungary
- 3 Oct 2013 9:00 AM
- current affairs
The foundation stone of a Science Park, valued at some HUF 4bn, was laid ceremonially at the Debrecen production site of National Instruments (NI) Hungary Ltd. As NI Hungary CEO László Ábrahám said, the company received funding of some 2 billion forints for the implementation of the 6000sqm Science Park project by winning a New Széchenyi Plan tender. At the facility, 300 people – mainly research ...
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Parliament Approves Hungary’s 2014 Budget
- 18 Dec 2013 8:00 AM
- current affairs
Parliament has approved Hungary’s budget for 2014 with a deficit of a 2.9% of GDP. Economy Minister Mihály Varga said on submitting the bill that the 2014 budget was based on the assumption of 2% economic growth and 2.4% inflation.
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Xpat Opinion: Minimum Wage In Hungary – What Company Managers Expect
- 10 Oct 2013 9:00 AM
- business
Now that we are after the budget submission for the fiscal year 2014, the minimum wage negotiations for the forthcoming year, just like the trilateral discussions relevant to the national wage recommendations are also in the offing. On that occasion, upon the commission received from the National Association of Hungarian Trade Unions, the Policy Agenda carried out a survey among small and medium ...
Phantom Art Groups Gained Hundreds Of Millions From Tax Allowance In Hungary
- 7 Oct 2013 1:00 AM
- current affairs
Not only sports federations or teams can be granted by the tax allowance system (TAO): a law-amendment allowed companies to support ’spectacular team sports’ from their charges instead of paying it to the state. According to the regulations, performing-art organisations can be granted as well and as Atlatszo.hu’s investigation has shown several companies are seem to be granted with hundreds of ...
Laying Of Foundation Stone For National Instruments’ Science Park In Hungary
- 3 Oct 2013 9:00 AM
- current affairs
The foundation stone of a Science Park, valued at some HUF 4bn, was laid ceremonially at the Debrecen production site of National Instruments (NI) Hungary Ltd. As NI Hungary CEO László Ábrahám said, the company received funding of some 2 billion forints for the implementation of the 6000sqm Science Park project by winning a New Széchenyi Plan tender. At the facility, 300 people – mainly research ...
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...